Class A Office
For Sale
Contact for pricing
860 1st Ave, King of Prussia, PA 19406
Contemporary Class A+ office finishes with an efficient, flexible layout in a professionally run office park.
Property Size2,759 SF
Price / SF$250.09
Days on Market208
Property Features for 860 1st Ave
General Information
Standard status
Active
Size
2,759 SF
Class
Class A+
Property subtype
OFFICE
Listing Agency:
NAI Geis | Wayne
(610) 975-4281
Listed By:
Paul E. Wolfson
Source:
Moodyscre
Added: Jan 5
Changed: Jul 30
Last Checked: Jul 31 at 12:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Geis | Wayne
Investment Insights
Based on property information with market context.
This Class A office building offers contemporary finishes and a design-forward, “timeless” architectural approach. The layout is described as extremely efficient and flexible, supporting a range of office needs within a professionally run office park setting.
The property is located at 860 1st Ave in King of Prussia, Pennsylvania, and is presented as part of an organized office environment. With a total size of 2,759 square feet, the space is positioned to serve tenants looking for a compact, adaptable office configuration.
The overall offering centers on the combination of Class A+ finish level and a layout built for flexibility, within a well-managed office park.
The property is located at 860 1st Ave in King of Prussia, Pennsylvania, and is presented as part of an organized office environment. With a total size of 2,759 square feet, the space is positioned to serve tenants looking for a compact, adaptable office configuration.
The overall offering centers on the combination of Class A+ finish level and a layout built for flexibility, within a well-managed office park.
Key Highlights
- 860 1st Ave, King of Prussia, PA 19406
- 2,759 SF office building
- Contemporary Class A+ office finishes
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.8k | $26.04 |
| − Vacancy | −$14.0k | −$5.08 |
| EGI | $57.8k | $20.96 |
| − OpEx | −$14.5k | −$5.24 |
| NOI | $43.4k | $15.72 |
2,759 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$619.7K
$542.2K – $722.9K
NOI $43,376 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,090 @ 7.0% cap · market cap 16.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,794
Businesses Nearby
Explore this area
Business Placement
Demographics for 19406, PA
28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Contemporary Class A+ office finishes with an efficient, flexible layout in a professionally run office park.
Where is this office building located?
The property is located at 860 1st Ave King of Prussia, PA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 860 1st Ave, King of Prussia, PA 19406; 2,759 SF office building; Contemporary Class A+ office finishes
